Zacks Research Issues Optimistic Estimate for Terex Earnings

Terex Co. (NYSE:TEX) – Equities researchers at Zacks Research lifted their Q2 2026 EPS estimates for Terex in a research note issued to investors on Wednesday, April 9th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $1.68 for the quarter, up from their previous estimate of $1.67. The consensus estimate for Terex’s current full-year earnings is $4.83 per share.

A number of other equities research analysts also recently issued reports on TEX. Citigroup reduced their price objective on shares of Terex from $45.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Truist Financial cut their price target on shares of Terex from $58.00 to $47.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Evercore ISI decreased their price objective on shares of Terex from $63.00 to $59.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. JPMorgan Chase & Co. cut their target price on Terex from $48.00 to $38.00 and set a “neutral” rating for the company in a research note on Monday. Finally, The Goldman Sachs Group decreased their price target on Terex from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 19th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $47.33.

Terex Stock Performance

TEX opened at $34.54 on Monday. The firm has a market cap of $2.29 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 4.53 and a beta of 1.40. The business’s fifty day moving average is $39.95 and its 200-day moving average is $46.88. Terex has a 52-week low of $31.53 and a 52-week high of $68.08. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.09 and a current ratio of 2.16.

Terex (NYSE:TEX) last issued its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.01. Terex had a return on equity of 21.99% and a net margin of 6.54%. During the same quarter in the prior year, the company earned $1.88 EPS.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Quantinno Capital Management LP increased its stake in shares of Terex by 25.2% in the third quarter. Quantinno Capital Management LP now owns 8,664 shares of the industrial products company’s stock valued at $458,000 after buying an additional 1,744 shares during the period. Orion Portfolio Solutions LLC acquired a new stake in Terex during the 3rd quarter valued at approximately $217,000. Barclays PLC increased its position in Terex by 40.2% during the 3rd quarter. Barclays PLC now owns 129,250 shares of the industrial products company’s stock valued at $6,838,000 after purchasing an additional 37,072 shares during the period. Geode Capital Management LLC raised its holdings in Terex by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,596,070 shares of the industrial products company’s stock worth $84,463,000 after purchasing an additional 8,624 shares during the last quarter. Finally, Invst LLC acquired a new position in shares of Terex in the 3rd quarter worth approximately $206,000. 92.88% of the stock is owned by institutional investors.

Insider Activity

In other Terex news, Director Andra Rush acquired 1,325 shares of Terex stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $36.96 per share, with a total value of $48,972.00. Following the completion of the purchase, the director now directly owns 23,308 shares in the company, valued at $861,463.68. This trade represents a 6.03 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.90% of the company’s stock.

Terex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.68 annualized dividend and a yield of 1.97%. Terex’s dividend payout ratio is presently 13.71%.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.